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  • LIC Mutual Fund
  • LIC MF Balanced Advantage Fund (Growth)
LIC Mutual Fund

LIC MF Balanced Advantage Fund (Growth)

HybridDynamic Asset Allocation Or Balanced Advantage

10.6029

NAV (Dec 02)

5.7%
Till Date CAGR
Scripbox Opinion
Not Reviewed yet
Our analysis of this fundLearn how we rate funds ->

Fund Size

Outperformance Consistency

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Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

10.6029

NAV (Dec 2)

Fund Returns

Last 1Y

6.8%

Last 3Y

NA

Last 5Y

NA

Last 10Y

NA

Since Inception

5.7%

6 Month CAGR

7.9%

Scheme Information

Investment Objective

The investment objective of the scheme is to provide capital appreciation/ income to the investors from a dynamic mix of equity,debt and money market instruments. The Scheme seeks to reduce the volatility by diversifying the assets across equity,debt and money market instruments. However,there is no assurance or guarantee that the investment objective of the Scheme will be realized.

Expense Ratio

2.14

Launched (1y ago)

Nov 12, 2021

AUM in Crores

1189.285

ISIN

INF767K01QV6

Lock-in

No Lock-in

Benchmark

Nifty 50 Hybrid Comp Debt 50:50 TR INR

SIP Minimum

1000

Lumpsum Min.

5000

Standard Deviation (3yr)

0

Standard Deviation (5yr)

0

Beta (3yr)

0

Beta (5yr)

0

Sharpe Ratio (3yr)

0

Sharpe Ratio (5yr)

0

YTM

6.57

Fund Managers

Rahul Singh

Fund Manager

Yogesh Patil

Fund Manager

Jaiprakash Toshniwal

Fund Manager

Returns Calculator Comparison

of

for

with step up of

InstrumentReturnsTotal CorpusGainsAnnualised %
Mutual Fund70%965,796 233,18411.25%
EPF70% 900,761 168,1498.50%
Property70% 867,662 135,0507.00%
PPF70% 869,819 137,2077.10%
Bank FD70% 846,471 113,8596.00%
Gold70% 846,471 113,8596.00%
Savings Bank70% 825,950 93,3385.00%

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.

Asset allocation and Holdings

Last updated on 2022-12-02

Top Stock Holdings

cash offset for derivatives

23.6%
23.6%

icici bank ltd

8.1%
8.1%

treps

6.9%
6.9%

reliance industries ltd

6.1%
6.1%

hdfc bank ltd

6%
6%
See all holdings

Allocation by Sector

financial services

29.9%
29.9%

technology

11.4%
11.4%

energy

6.1%
6.1%

consumer cyclical

5.8%
5.8%

consumer defensive

5.2%
5.2%
See all sectors

Compare LIC MF Balanced Advantage Fund (Growth)

Fund NameFund SizeRolling Returns
ICICI Prudential Equity & Debt Fund (G)
ICICI Prudential Equity & Debt Fund (G)

₹ 21,109 cr

₹ 3,307 cr

₹ 761 cr

₹ 428 cr

₹ 2,759 cr

About the AMC

LIC Mutual Fund Asset Management Limited

LIC Mutual Fund Asset Management Limited manages assets worth 14,891 crores and was set up on 20 April 1994. It's current offering of mutual fund schemes includes 24 equity,40 debt and 35 hybrid funds.

amc-img

  • 022-66016000
  • cs.co@licmf.com
  • Fund NameScripbox Opinion
    Till Date CAGR

    4%

    6.9%

    3.8%

    5.4%

    3.8%

    5.4%

    16.3%

    12.6%

    6.5%

    8.1%

    LIC MF Balanced Advantage Fund (G) Review

    LIC MF Balanced Advantage Fund (G) is a Dynamic Asset Allocation Or Balanced Advantage Hybrid fund and has delivered an annualised return of 5.7% over a period of 1 years. The fund is managed by LIC Mutual Fund Asset Management Limited. The fund managers are Jaiprakash Toshniwal, Rahul Singh, Yogesh Patil.

    Nav of LIC MF Balanced Advantage Fund (G) as of 12/2/2022 is ₹10.60 with the total AUM as of 12/5/2022 is ₹1189.285. With Scripbox you can compare and check the latest nav for all mutual funds in India. LIC MF Balanced Advantage Fund (G) was launched on Nov 12, 2021. The category risk of the fund is Moderately High risk.

    The minimum SIP amount for LIC MF Balanced Advantage Fund (G) is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.

    Frequently Asked Questions

    What is LIC MF Balanced Advantage Fund (G)?

    LIC MF Balanced Advantage Fund (G) is a Dynamic Asset Allocation Or Balanced Advantage Hybrid scheme predominantly investing across Hybrid stocks with an investment objective to generate wealth over the long term.

    How to invest in LIC MF Balanced Advantage Fund (G)?

    You can invest in LIC MF Balanced Advantage Fund (G) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?

    What is the minimum sip amount of LIC MF Balanced Advantage Fund (G)?

    The minimum sip amount for LIC MF Balanced Advantage Fund (G) is ₹1000. You can invest in multiples of ₹5000.

    Is LIC MF Balanced Advantage Fund (G) good to invest in?

    As per Scripbox experts, LIC MF Balanced Advantage Fund (G) is a Not Reviewed Yet fund. You can investLIC MF Balanced Advantage Fund (G) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.

    What is the expense ratio of the LIC MF Balanced Advantage Fund (G)?

    The expense ratio of the LIC MF Balanced Advantage Fund (G) is 2.14% for regular plan.